ProQuest Sponsors Library Spending Report

ProQuest is the proud sponsor of “Libraries: At the Epicenter of the Digital Disruption,” a report published by Library Resource Guide in conjunction with Unisphere Research. 

Since the economic downturn a few years ago, library budgets have bounced back or are holding steady.  However, there’s been a shift in spending from print to digital.  Key findings from the research include the following:

• Library budgets are bouncing back or holding steady in the wake of several years of a lackluster economy. But budget growth overall has been lukewarm. Public community libraries experienced the largest share of budget increases, while academic libraries have seen little growth. Digital continues to grow as a proportion of content acquisition budgets for all types of libraries.
• Three-fourths of libraries continue to see rising demand for electronic resources, while more move away from print. Close to nine out of ten public community libraries report seeing demand for ebooks, which leads the way in purchasing intentions.
• Providing technology-based access is now the top priority as libraries redefine their roles as digital knowledge centers. However, these goals continue to clash with tight budgets, which makes selecting and maintaining platforms and skills an ongoing challenge.

As a Sponsor of this report, we invite you to download a complimentary copy here.

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